01 December 2020
Cityscape’s Real Estate Summit, a special one-off edition of the annual event, successfully delivered over 100 hours of important industry-specific talks as key real estate ecosystem representatives converged to stimulate business, make meaningful connections and share knowledge over two days at Dubai World Trade Centre (DWTC).
Over 1,700 industry professionals attended one of the first physical B2B events held in Dubai during the Covid-19 pandemic, within the safe, controlled and hygienic setting at DWTC delivered via stringent Informa AllSecure health and safety standards and protocols.
Majida Ali Rashid, CEO of the Real Estate Promotion and Investment Management sector at Dubai Land Department (DLD), said: “The significance of the department’s partnership with Cityscape is not to be understated. The event has and will continue to be a central place for local, regional and international real estate organisations and professionals to gather and positively impact the industry.
“For us, it remains a strong platform to launch projects such as the Real Estate Development Guide, which is the result of cooperation with all governmental and semi-governmental entities concerned with the real estate sector, to provide a reference tool that contributes to enhancing the ease of doing business in real estate development.”
“We now turn our sights to next year’s event, which will take place at the Expo 2020 site. In what will become Dubai’s largest centralised hub for business, how we bridge and strengthen the public and private real estate sector will play a fundamental role for DLD, Cityscape, Dubai and the entire region,” she added.
The one-off edition offered a radical departure from the annual event’s normal format. Co-created with the regional real estate industry as a direct response to market demand for a B2B meeting place and knowledge-sharing destination amid the ongoing pandemic, the summit served as a platform to conduct business, network and drive industry growth.
Majid Al Marri, CEO, Real Estate Registration and Services at DLD, highlighted the digital transformation and innovation driving DLD forward and simplifying property transactions for local and international buyers and sellers, including a new initiative on building classification set to transform price calculations.
“We have invested heavily in artificial intelligence to power new services, such as smart evaluation and audits, and we will continue to evolve and build on that momentum to increase initiatives that would deliver greater efficiency and accuracy in all our services.”
Chris Speller, Group Director Cityscape, Informa Markets, said: “The summit has been a breath of fresh air, a genuinely fruitful platform where genuine industry connections could be made following months of uncertainty caused by Covid-19. The event has restarted market conversations to address difficult questions and seek solutions for the future of the industry — we have put real estate front and centre again.”
The event will be back in its traditional exhibition format as Cityscape Global in November next year at the Expo 2020 Dubai Exhibition Centre.